Bitcoin price volatility ramps up around FOMC days in India as traders brace for impact. The Federal Open Market Committee (FOMC) meeting on March 18-19 could trigger major movements in the Bitcoin market. Analyzing market behavior leading up to its release could offer clues about Bitcoin’s next move. Historically, traders de-risk and reduce leverage before FOMC announcements, reacting sharply after the meeting and press conference from Federal Reserve Chair Jerome Powell. A key indicator, Bitcoin open interest, falls before FOMC meetings, showing traders reducing leverage and risk exposure, but this month saw no noticeable decrease in open interest before the FOMC. CME Group’s FedWatch tool indicates a 99% probability that the Fed will maintain rates at 4.25%-4.50%. If rates remain unchanged, Bitcoin price may continue its downtrend. Spot Bitcoin ETFs investors have historically offloaded BTC holdings before FOMC meetings, but on March 17, they saw $275 million in net inflows, signaling a shift in sentiment and expectations. Investors loading up on Bitcoin could be anticipating a more dovish Fed stance or a hedge against uncertainty. Traders agree that BTC could experience a significant price movement post-FOMC, with the possibility of a short squeeze. Speculative positioning will be revealed after the FOMC, influencing BTC’s price action and onchain data. Whether the recent activity is part of a long-term accumulation trend remains to be seen. Traders in India are closely monitoring the FOMC minutes for any shifts in the Fed’s stance on inflation and interest rates.